Gourlay: No move imminent stadium move for Chelsea

18 March 2011 11:30

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Chelsea chief executive Ron Gourlay has insisted the club do not necessarily need to leave Stamford Bridge to break even.

Reports have suggested the Barclays Premier League champions were considering relocating to a new 60,000-seater stadium at Earls Court. But despite Chelsea recently announcing a loss of £70.9million in addition to spending £75million on Fernando Torres and David Luiz, Gourlay does not believe a new home is needed to balance the books.

He said: "We are always looking at our options but I can tell you that there is no move imminent. Of course, it would help if we had another 15,000 or 20,000 seats but we don't need to leave Stamford Bridge to break even."

He added: "We are in pretty good shape financially, even with the January purchases of Torres and Luiz.

"The board remain confident we are heading in the right direction."

Chelsea are currently investigating the possibility of selling the naming rights to Stamford Bridge, which has just under 42,000 seats.